Investing.com - Sabesp ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sabesp ADR announced earnings per share of 0.1899 on revenue of 660.27M. Analysts polled by Investing.com anticipated EPS of 0.1826 on revenue of 728.04M.
Sabesp ADR shares are down 15.37% from the beginning of the year, still down 40.99% from its 52 week high of 12.32 set on July 22, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Sabesp ADR follows other major Utilities sector earnings this month
Sabesp ADR's report follows an earnings beat by American Electric Power on February 25, who reported EPS of 0.87 on revenue of 3.6B, compared to forecasts EPS of 0.7826 on revenue of 3.94B.
Sempra Energy had beat expectations on February 25 with fourth quarter EPS of 1.9 on revenue of 3.17B, compared to forecast for EPS of 1.58 on revenue of 3.21B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar